According to the Ministry of Land, Infrastructure and Transport, new registrations of campers and caravans in South Korea fell from 7,300 units in 2021 to 1,361 in 2024, a drop of 81.4%. The market value declined from 347.2 billion won to 76.4 billion won over the same period. Camper numbers fell by 73.2%, while caravans dropped by 87.2%.
Data from the analytics platform CarChart AI shows the market volume in 2025 was 764.4 billion won, 78% below the 2021 peak of 3,472.4 billion won. In the first half of 2026, the market shrank to 245.9 billion won, with registrations at 397 units (123 caravans and 274 campers).
Despite the number of campers remaining at 6–7 million, consumers are turning to cheaper alternatives such as tents and glamping. New electric models like the Kia PV5 and Hyundai ST1 are expected to potentially boost demand.